The ToFoo Co. Secures Investment from Comitis Capital
The ToFoo Co., a UK-based plant-based protein producer, has secured an undisclosed investment from Comitis Capital, a growth investment firm located in Germany. As trends...
Category : Finance
Synlait Initiates Equity Raise to Ensure Long-term Viability
China’s Bright Dairy is poised to become the majority stakeholder in Synlait Milk through a crucial NZ$271.8 million ($166.8 million) equity raise aimed at revitalizing...
Vion Divests Two Additional German Facilities
Vion Food Group has recently divested its interests in two German sites, transferring ownership to the meat business Erzeugergemeinschaft Südbayern. This strategic move enables the...
Tiger Brands Reappoints Tjaart Kruger as CEO for Extended Term
South Africa’s Tiger Brands has announced an extension of Tjaart Kruger’s tenure as CEO for an additional three years, underscoring the company’s commitment to stable...
Calavo Growers Completes Sale of Fresh-Cut Division
Calavo Growers, a key player in the US fresh produce sector, has recently finalized a sale of its fresh-cut business. Earlier this year, the company...
New Nestlé Factory in Ukraine to Begin Production by Year-End
Nestlé has announced plans to commence production at a new factory in Ukraine by the fourth quarter of this year. This facility, located in the...
Synlait and A2 Milk Settle Prolonged Contractual and Pricing Dispute
Synlait Milk and The A2 Milk Co. have reached a resolution in a long-standing dispute regarding contracts and pricing. The settlement, announced on 16 August,...
Elmhurst 1925 Expands into Plant-Based Meat Sector
US dairy alternatives supplier Elmhurst 1925 is making a strategic move into the plant-based meat sector. The company has recently introduced a plant-based chicken product...
UK Manufacturers Poised for Renewed Investment
A recent report by the Food and Drink Federation (FDF), the authoritative UK industry body, indicates that manufacturing leaders are optimistic about the future, stating...
US Moves Forward in Efforts to Lower Salt Levels in Packaged Foods
The US Food and Drug Administration (FDA) is advancing its initiative to prompt food manufacturers to significantly decrease sodium levels in their products. Ultimately, the...